Steps

President Bush took steps to jump-start stalled negotiations on the omnibus energy bill at a White House meeting with Republican and Democratic leaders Wednesday.

NUI Corp. said it has taken two important steps in its plan to complete a natural gas pipeline across the state of Florida and to build the state’s first natural gas storage field.

NUI Corp. said it has taken two important steps in its plan to complete a natural gas pipeline across the state of Florida and to build the state’s first natural gas storage field.

Imperial Oil Resources Ventures Ltd. plans to begin drilling operations as early as July on its deepwater acreage on the Scotian slope, located southeast of Halifax, pending final regulatory approval. Imperial’s announcement followed a call for bids on four offshore packages unveiled by the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB).

Imperial Oil Resources Ventures Ltd. plans to begin drilling operations as early as July on its deepwater acreage on the Scotian slope, located southeast of Halifax, pending final regulatory approval. Imperial’s announcement followed a call for bids on four offshore packages unveiled by the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB).

At its regular meeting on Wednesday, FERC is going to take “very, very substantial steps toward resolving all of the important old business” related to allegations of manipulation of the natural gas and electricity prices in western markets, said Commissioner William Massey last week. But the Commission will not clear away the entire “underbrush.”

Under the threat of being ousted through a proxy battle started by one of largest shareholders, El Paso Corp.’s board of directors announced late Wednesday that it has appointed Ronald L. Kuehn, Jr. to serve as interim CEO and chairman of the board, replacing William A. Wise, effective immediately.

Coming in on the coat-tails of FERC’s pro-LNG actions last week, Houston-based Cheniere Energy Inc. said it has received a sizeable advance toward the development of its Freeport, TX, LNG receiving facility project. The company also appointed management for the project.

Coming in on the coat-tails of FERC’s pro-LNG actions Wednesday, Houston-based Cheniere Energy Inc. said it has received a sizeable advance towards the development of its Freeport, TX, LNG receiving facility project. The company also appointed management for the project.